What are green cars?
If you’re in the market for a new car, consider taking a green car out for a ride. Green vehicles can provide exceptional performance while being better for the environment.
What is a green car?
Green cars are vehicles that have lower fuel consumptions or produces low or zero emissions. These green cars are considered more environmentally friendly or ‘greener’ because they have lower impact on the climate.
Green vehicles are lauded because compared to standard vehicles they are powered through more sustainable means, have lower carbon emissions, and are generally seen as better for the environment.
Different types of types of green cars
Contrary to popular belief, green cars aren’t always electric vehicles. Hybrids and some petrol-powered cars can also be considered green cars. Here are the different types of green cars according to the Australian Green Vehicle Guide:
Fuel efficient vehicles
Fuel efficiency simply means that a vehicle can go farther while needing less fuel. Fuel-powered vehicles can still be classified as green cars as long as they meet certain fuel efficiency standards.
Some car buyers prefer a fuel-efficient green vehicle instead of a hybrid or a fully electric vehicle because of the difference in performance and price. Fuel-efficient petrol vehicles are typically more affordable compared to alternatives. They also often have more makes and models making it easier for car buyers to find a vehicle that fits their lifestyle needs.
When shopping for a fuel-powered green car, look for the fuel consumption label on the vehicle’s windshield. This label will tell you how fuel-efficient the car is and how much CO2 emissions it produces so you can make an informed decision before purchasing.
Hybrid vehicles
A hybrid car is powered by both petrol or liquid fuel and electricity. It has an internal combustible engine and a battery pack. The battery pack can be plugged in to a charging port or charged through electricity generated by the regenerative braking system. It all depends on the make and model of the vehicle.
With hybrid cars, you’re getting the best of both worlds. Hybrid vehicles produce lower emissions and require less fuel compared to the standard vehicle. You can also save on fuel costs with a hybrid car due to its electric component.
Of course, there are some down sides such as additional maintenance and battery degradation. You need to be careful about maintaining the engine and electrical components of a hybrid vehicle.
Electric vehicles
Electric cars are solely powered by their electric motor batteries instead of the standard combustible engine. These vehicles don’t require petrol or diesel which means they produce virtually zero tailpipe emissions.
To power up an electric vehicle, you can go to fast charging stations or other public charging stations. For added convenience, you can charge your electric car while it’s parked in your garage. This lets you plug it in overnight, so you’ll never run out of power while on the road.
Generally, electric vehicles are more expensive compared to their non-electric counterparts. However, in recent years, car manufacturers have come out with more affordable electric car models. This has made it easier for car buyers to make the switch to electric.
In addition to being more eco-friendly, electric cars offer a host of advantages such as fuel savings, cheaper maintenance costs, and tax incentives and stamp duty exemptions from state and federal governments.
Tips when buying a green car
If you’re in the market for a green car, keep these tips in mind while out car shopping:
Consider your driving needs
As you can see, green cars come in various makes and models. To avoid being overwhelmed with too many options, always consider your driving needs first. Ask yourself the following questions:
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Where and how often will you use your green car?
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How many people will be using the car? How many passengers?
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How much cargo space do you need?
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Do you need a high-performance vehicle?
Answering these questions can help you narrow down your options and help you figure out what type of green car suits your lifestyle.
Evaluate your finances
Some green cars are more expensive than your standard vehicle. Carefully review your finances to see what type of vehicle can fit comfortably within your budget. Aside from the vehicle’s purchase price, you should also consider the running costs like insurance, maintenance, fuel or charging, registration fees, and the like.
Take advantage of green car loans
Aside from government incentives, you can also get savings when you finance your green vehicle purchase with the right loan. Get discounted rates when you apply for a green car loan. These loans are specifically for those who are buying green cars. You can learn more about them by getting in touch with loans.com.au. Call 13 10 90 or apply online today!
About the article
As Australia's leading online lender, loans.com.au has been helping people into their dream homes and cars for more than 10 years. Our content is written and reviewed by experienced financial experts. The information we provide is general in nature and does not take into account your personal objectives or needs. If you'd like to chat to one of our lending specialists about a home or car loan, contact us on Live Chat or by calling 13 10 90.